Stocks - r/Stocks Daily Discussion & Fundamentals Friday Nov 05, 2021 |
- r/Stocks Daily Discussion & Fundamentals Friday Nov 05, 2021
- Pfizer's new Covid pill cuts death and hospitalization in high risk patients by 90%.
- AT&T sinking party ship
- Which beatdown stock are you most likely to purchase?
- Job Growth in October: 531,000 increase
- DraftKings has mixed earnings
- Between DraftKings (DKNG) and Penn National Gaming (PENN), Which would you say is a better buy right now?
- Diving deeper into $PTON's earnings
- Good time to buy BNTX?
- Anybody notice the massive increase in the number of "market crash" articles/videos in the past few months?
- Here is a Market Recap for today Friday, Novemeber 5, 2021. Please enjoy!
- PayPal's looking tasty for upcoming earnings. What are your thoughts?
- Investing 2000$
- What do you do in ATH markets?
- Let's Discuss Ore Mining Stocks, Chinese Steel Production, and US Steel Companies
- Tax Question: Do I pay taxes on all gains or only net gains?
- Thoughts on $EBS?
- Possible trading violation?
- Here is a Market Recap for today Thursday, Nov 4, 2021
- We’re witnessing the inverse of Spring 2020
- My first $1,000
- MRNA sharply coming back down
| r/Stocks Daily Discussion & Fundamentals Friday Nov 05, 2021 Posted: 05 Nov 2021 02:30 AM PDT This is the daily discussion, so anything stocks related is fine, but the theme for today is on fundamentals, but if fundamentals aren't your thing then just ignore the theme and/or post your arguments against fundamentals here and not in the current post. Some helpful day to day links, including news:
Most fundamentals are updated every 3 months due to the fact that corporations release earnings reports every quarter, so traders are always speculating at what those earnings will say, and investors may change the size of their holdings based on those reports. Expect a lot of volatility around earnings, but it usually doesn't matter if you're holding long term, but keep in mind the importance of earnings reports because a trend of declining earnings or a decline in some other fundamental will drive the stock down over the long term as well. See the following word cloud and click through for the wiki: If you have a basic question, for example "what is EBITDA," then google "investopedia EBITDA" and click the Investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned. Useful links:
See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. [link] [comments]  |
| Pfizer's new Covid pill cuts death and hospitalization in high risk patients by 90%. Posted: 05 Nov 2021 05:51 AM PDT
This is amazing news. Some are calling it the end of the pandemic as we know it. What are some moves we can make this morning? Short Moderna and Peloton? Double down on ABNB, AMEX, airlines, cruises? Taking off my investor hat for a moment. I just want to thank all the frontline health and essential workers, and the researchers and scientists who got us this far. The end is in sight. [link] [comments]  |
| Posted: 05 Nov 2021 05:51 AM PDT I recently got a job as an engineer at AT&T. The huge office with hundreds of cubicles are empty except me and a few others from time to time. They have recently made employees pay more for their bare bones health insurance. The higher ups are DEAD SET against work from home. They want everyone in the office as much as possible. People are resistant and the "Show up once a week at least" is not even done much. There is a mutiny amongst employees and its nationwide. They hired me which shows how desperate they are LOL. But i work for company A, who sells me to Company B, who then sells me to AT&T. ATT pays like $80 for me, and i get FAR less. All those middlemen packing their accounts with money. Its a full blown circle jerk up top while the ship sinks beneath them. The shear fact thats its a utility company and that it is so HUGE is the only reason this dinosaur is not dead...yet. Just look at that DIV, desperation!! Anyways, buy puts or whatever else your vultures want, keep circling. I wonder who will buy us? [link] [comments]  |
| Which beatdown stock are you most likely to purchase? Posted: 05 Nov 2021 05:00 AM PDT Which company who's stock fell sharply this year are you most likely purchase shares from?
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| Job Growth in October: 531,000 increase Posted: 05 Nov 2021 01:32 PM PDT
At the same time if you look just in your neighborhood there is shortage everywhere. People say ... no drivers for school, nobody working at the local Starbucks (2 of 4 closed due to labor shortage), ports don't have enough workers, no truck drivers... With the federal assistance stopping we should see even more jobs added soon. [link] [comments]  |
| Posted: 05 Nov 2021 04:48 AM PDT
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| Posted: 05 Nov 2021 08:10 AM PDT They're both stocks in similar industries that have been relatively beaten or certainly that made huge runs last year, now dripping or moving sideways throughout this year. As a sports fan, I see Draft Kings all over the place on TV, so it has the actual marketing presence. Penn's unique side is having physical locations. [link] [comments]  |
| Diving deeper into $PTON's earnings Posted: 05 Nov 2021 09:31 AM PDT Disclaimer: I am long PTON (cost basis $100, ouch). I've defended the business model in other posts so I don't want to get into debates about whether it's just a fad or an expensive treadmill with an iPad. The point of this post was just to dig a bit deeper into the earnings to see if things are really as bad as the 30% drop would indicate. Short answer: I don't think things are nearly that bad and this could represent an amazing buying opportunity. Here's why.
Looking at these results, I just don't reach the same conclusion as PTON bears who are claiming that this is the beginning of the end for the company. They are still growing, even when compared to pandemic quarters, they're just not growing as quickly as they did during the pandemic. If they were guiding for drops in key metrics, I would be seriously concerned. I think this is the kind of situation where once the dust settles, the smart money will realize this is an opportunity to pick up a solid company at a very discounted price. [link] [comments]  |
| Posted: 05 Nov 2021 07:21 AM PDT Wanted to get others opinion if it's a good time to buy this dip. Earnings are around the corner and all indications it should be good due to relationship with Pfizer and it's earnings being great. Currently down 17% today and around 25% yesterday. Thoughts? [link] [comments]  |
| Posted: 04 Nov 2021 08:43 PM PDT I get it, there are always people out there predicting crashes and nobody can time it, but in the past few months I've noticed it reaching crazy levels. I read seekingalpha which can be gloomy at the best of times, but it's all over there now, market crash articles and 90% comments agreeing with them. The big youtubers are calling it now too. I look back at the article history of these authors on seekingalpha (going back years) and wonder "where were these guys bearish articles in Jan/Feb 2020 (bullish market breaking ATHs amid a global pandemic)? Not a single one of them predicted that precipitous crash. But now suddenly, the experts come out, THIS is the time. I've honestly never seen as much negativity as I do now. Maybe it's just me. I can see a correction, sure, but can't really see a catastrophic crash yet when there's STILL liquidity in the system (just less of it), low rates with nowhere to go, and the world and his mother calling for a bubble and imminent crash. If there's a crash, it'll probably be from some black swan event, like the one we had last year. Nobody predicted that. (Or rather, they predicted economic and stock market collapse AFTER the market already crashed...only to be proven very wrong on that later.) Thoughts? [link] [comments]  |
| Here is a Market Recap for today Friday, Novemeber 5, 2021. Please enjoy! Posted: 05 Nov 2021 02:12 PM PDT PsychoMarket Recap - Friday, November 5, 2021 Stocks continued its remarkable rally, with all three major indexes hitting fresh intraday highs today as market participants celebrated the October jobs report, which showed a better-than-expected pickup in employment. This is a great sign given labor market imbalances caused by the pandemic have been a focal point for market participants. According to the US Labor Department, the pace of employment greatly improved after two disappointing months, with the report citing declining coronavirus cases and increased demand for workers for the uptick. Here are the numbers:
During a press conference, President Joe Biden said of the Labor report, "Our economy is starting to work for more Americans. Thanks to the economic plan we put through in Congress earlier this year and a successful vaccine deployment, America continues to add jobs at a record pace. In this historically strong recovery, unemployment has fallen again today," President Joe Biden said during a press conference on Friday." Though payrolls have grown every month so far in 2021, the economy remains more than 4 million jobs short of its pre-pandemic levels following plunges in employment between March and April of 2020. And the civilian labor force was still down by nearly 3 million individuals compared to February 2020 as of October. Earlier in the week, as was widely expected and extensively talked about on these recaps, the Fed announced it would begin tapering the pace of quantitative easing this month. As a reminder QE is one of the most powerful tools the fed has to help underpin the economy and financial markets during times of stress or crises (like the pandemic). Since last year, the Fed had been running QE at a clip of $120 billion per month. That pace will now begin to slow. Highlights
"A gem cannot be polished without friction, nor a person perfected without trials. – Seneca [link] [comments]  |
| PayPal's looking tasty for upcoming earnings. What are your thoughts? Posted: 05 Nov 2021 01:59 PM PDT Personally feel that they're way oversold and a huge overreaction, down almost 20% since PINS acquisition rumors and no other news, except the DOJ fintech probing, which didn't affect Visa's rally today anyway. Some questions that I would like to hear your thoughts on:
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| Posted: 05 Nov 2021 02:22 AM PDT Hi guys, so recently I came into a rather bigger amount of money which I would like to invest long term. We have this thing here in Hungary, a long term investment account, which you can open at any brokerage. For a year you can send money into this account, which then after a "0. year" closes. Then a 5 year perido begins. After 3 years you can open it and only pay 10% on your gains instead of 15%, and after 5 years you are free of any taxes. In 5 the years, of course you can trade on that account, but you can't depost or withdraw, because then you lose the benefits of the account and have to pay 15% come tax season. Now I wanna use an account like this for the 2000$. So far i was thinking of buying SPY with it right now, and buying SPY for a year until the account closes. But as I was making research, I'm starting to think of maybe picking stocks (basically top companies, nothing too exotic) and/or other ETFs which offer more additional diversification (QQQ and whatnot). I'm also worried about timing right now, markets seem a bit too optimistic for me now, but I guess it doesn't really matter for me if I want to go long term? So what would you recommend for me? And in what arrangement? Open to comments, advices, opinions, remarks, critcism. Of course I know, at the end of the day, I have to do my own reserarch, I just need a little help on what path to take. Thanks in advance [link] [comments]  |
| What do you do in ATH markets? Posted: 05 Nov 2021 06:11 AM PDT I want to put another 20k into stocks, but, as you know, everything is at all time highs. I don't think there will be a market crash, just small corrections. What do you do when you want to buy value, do you just bite the bullet because you're holding forever? I want to add AMD/NVD/AAPL/DIS/MSFT etc...these quality of stocks, but they've been ATH for a few months now, and we just had that little correction a few months ago. Do you wait for dips? Or just buy it and forget about it? Sell naked puts? [link] [comments]  |
| Let's Discuss Ore Mining Stocks, Chinese Steel Production, and US Steel Companies Posted: 05 Nov 2021 08:55 AM PDT What's going on in this space? The large cap iron ore producers are getting killed, VALE, RIO, BHP. From what I can see this is all a result of a slowdown in Chinese steel production and worries over the Chinese real estate sector crashing. Meanwhile US steel producers are sitting at near 52-week highs. Is Chinese demand for ore so big as to cause these ore producers to crash even as the rest of the world is still demanding iron products? Are the worries over a Chinese slowdown overblown, or is this an omen for a slowdown in the global economy? What are people's opinions on the large cap ore producers over the next year or two and beyond? I mistakenly nibbled at VALE and RIO a few weeks ago trying to catch the falling knife. The positions are small so I'm going to sit on them. Maybe thinking about adding more. [link] [comments]  |
| Tax Question: Do I pay taxes on all gains or only net gains? Posted: 05 Nov 2021 07:53 AM PDT I'm starting to sell positions for gains for the first time. I'm also offloading positions where I've had losses. All of these positions have been held for at least one year. Let's say I'm selling my positions where I've had gains and that totals $10,000 in gains. And let's say I'm also selling my positions where I've had losses that total $5,000 in losses. When tax time comes, am I only paying taxes on the net gain $5000? Or will I have to pay taxes on the $10,000? Thank you in advance for the help here. [link] [comments]  |
| Posted: 05 Nov 2021 07:47 AM PDT +Emergent BioSolutions ($EBS) will lose its COVID vaccine production contract. +This company has seen a decline in price as dramatic as going from $127.20 in February to $30.10 today. +$EBS has not been trading at this price since 2017, and has the following ratings: 50% BUY, 50% HOLD. +Business units: Vaccines, Anti-infectives, Antibody Therapeutics, Devices, Contract Development, Manufacturing. +11 products already in the market. +20 product candidates. What are your thoughts? [link] [comments]  |
| Posted: 05 Nov 2021 11:41 AM PDT Total newbie here— started trading with Fidelity just a couple weeks ago! This morning I bought NVDA kinda high @ $307.5 with settled funds, stayed along for the ride, then sold and re-bought the dip @ $300.8. Was that OK? I got a warning against selling these new shares before Tuesday, but don't see any other statement… yet. 😬 [link] [comments]  |
| Here is a Market Recap for today Thursday, Nov 4, 2021 Posted: 04 Nov 2021 06:06 PM PDT PsychoMarket Recap - Thursday, November 4, 2021 The good times keep on rolling! The remarkable rally in the S&P 500 (SPY) and tech-heavy Nasdaq (QQQ) continued, which each index recording fresh intraday highs the day after the Federal Reserve's decision to being tapering the pace of quantitative easing as the US economy reaches the "substantial progress" benchmark outlined by the Fed back in December 2020. As was widely expected and extensively talked about on these recaps, the Fed announced it would begin tapering the pace of quantitative easing this month. As a reminder QE is one of the most powerful tools the fed has to help underpin the economy and financial markets during times of stress or crises (like the pandemic). Since last year, the Fed had been running QE at a clip of $120 billion per month. That pace will now begin to slow. The Fed said in a statement, "In light of the substantial further progress the economy has made toward the Committee's goals since last December, the Committee decided to begin reducing the monthly pace of its net asset purchases by $10 billion for Treasury securities and $5 billion for agency mortgage-backed securities. Specifically, the Fed said it would begin reducing its asset purchases this month by a total of $15 billion, and then by another $15 billion in December, but said the outlook for the pace of tapering in the future would depend on "changes in the economic outlook." Fed Chair Jerome Powell also reiterated his prior stance that the ultimate end of the tapering process next year would not automatically signal the start to interest rate hikes. New weekly jobless claims came at a fresh pandemic-era low, with further improvements in the labor market coming as companies continue to compete to attract and retain workers amid elevated demand. New jobless claims came in at the lowest level since March 2020 at the beginning of the coronavirus pandemic. Here are the numbers:
Highlights
"The greatest glory in living lies not in never falling, but in rising every time we fall". -Nelson Mandela [link] [comments]  |
| We’re witnessing the inverse of Spring 2020 Posted: 05 Nov 2021 01:21 PM PDT Before I start, everything is relative to market performance. So when I say hotel stocks got crushed, don't say "everything got crushed". I'm talking relative to how the S&P performed. In Spring 2020, travel, leisure, airlines, cruises, entertainment, etc. got absolutely crushed relative to the market's overall performance. Market down 30-40% but these were down 70-80% in some cases. The opposite is happening now. ZM, PTON, ROKU, TDOC, DKNG, CHGG, etc. all getting hammered while the travel and leisure stocks are soaring. Just like how Spring 2020 was an overreaction to COVID, this is an overreaction to the "reopening". Just my 2 cents. [link] [comments]  |
| Posted: 05 Nov 2021 10:41 AM PDT I am currently planning to invest my first $1,000. Anybody have any insight on what I should invest in? I was considering all in on Apple as a long term investment; but, I'd love to hear all ideas. Thank you! :) [link] [comments]  |
| Posted: 05 Nov 2021 06:38 AM PDT I will admit, I first bought MRNA at $132. It was rising very nicely up until about $180 when Biden announced that he was in support of ending vaccine patents. It then sold off sharply and I sold at $164.50, and it looked like a decent decision when it went back to $130s after. Then he decided he wasn't going to follow through with it. The rise to nearly $500 pricked me so much. Nevertheless, just yesterday they missed estimates and expectations, and today is the second day with a ~15% drop. It is looking very tasty as an entry point, the company's future looks very promising. Opinions? [link] [comments]  |
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